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A company is considering the following three compensation plans. Which of these will be the most expensive? Which will be the least expensive? Is the monetary cost the only consideration that a company should have? Plan A -Give each salesperson a commission of 10 percent on the first $250,000 worth of sales made each year and 12 percent on the next $250,000. Plan B -Give each salesperson a salary of $10,000 a year and 5 percent commission on all sales made each year. Plan C -Give each salesperson a salary of $25,000 a year and a bonus of 4 percent commission on all sales made over $250,000 in a year.
1. Develop histograms showing the distribution of rivet diameters from the original and new supplier correct answer. 2. Compute the sample means and standard deviations for the two sets of data.
What does the result imply about Mendel's claimed proportion of 3/4?
What is the probability Mary and Ellen make a total number of free throws at least as great as the total made by the guys?
A manufacturer of running shoes picks a random sample of the production of shoes each day for a detailed inspection. Today's sample of 20 pairs of shoes includes 1 pair with a defect.
Find the probability that a double six comes up at least once when a pair of dice is rolled 24 times. Answer the query the Chevalier de Méré.
a companys manufacturing process uses 500 gallons of water at a time. a scrubbing machine then removes most of a
500 trials where each trial consists of tossing four coins and counting the number of heads. find the number of cases
Interpret the slope of this line in context.- Explain why it's silly to attach any meaning to the y-intercept.- When this model predicts high Fuel Efficiency, what can you say about those predictions?
What is the problem or opportunity that this study is seeking to address? Why is this study important and to whom and what was the methodology used to select your sample of participants for the study.
question the following information is available.h0 mu le 10h1 mu gt 10the sample mean is 12 for the sample
At a large department store, the amount a shopper spent and the shopper's gender (male or female) were recorded. To determine if gender is useful in explaining the amount of money a shopper spends at the store we could
Find the probability that both light bulbs failed the test. Find the probability that both light bulbs passed the test. find the probability that at least one light bulb failed the test.
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